Description
Commodity: AU metal Gold ***5 or
****5 in Bar Form. Less than 5 years.
Size: ***5(*2k)*2.5 Kilogram Bar or
****5(*4k) 1 Kilogram Bar
Quantity: OVER 2, **0 MT with
roll over and extensions.
Hallmark: International Acceptable
Hallmark
First lift:
***5(*2k) *0 MT or ****5(*4k) 1.2 MT
Second lift: As per mutually
agreed.
Purity: **9.5/***0 or
fineness, **9.*5/***0
or fineness
Price: The second fixing
LBMA
Discount: Total discount ***5(*2k)6%
, ****5(*4k)4%
.
Delivery: ***5 FOB HONG KONG AND
OTHER COUNTRY or ****5 CIF HONG KONG LBMA or CGSE registered
refinery.
Payment: MT**3/*3 - Ledger to Ledger basis.
Procedure
1. First, please sign NCNDA
2. Then Seller will issue SCO.
3. Once buyer accepted the SCO (Soft
Coporate offer)
4. Buyer need to provide a LOI
(letter of Intent) to seller
**we require
a BANK REFERENCE
LETTER.
5. Seller will then issue FCO (Full
Corporate offer)
6. Then Buyer and Seller will
sign the sales & Purchase Agreement / Contract exchange (4
copies); 2 sets for seller and 2 sets for buyer
